About This Home

Financing Available! Charming 1 bedroom, 1 bath Austin home located at 8888 Tallwood Drive! This inviting property offers a comfortable open layout, natural light, and an easy, low-maintenance lifestyle in an incredible Austin location! Ideal for a first-time buyer, investor, or someone looking to downsize, this home provides a great opportunity to own in one of Austin’s most sought-after areas. Also includes one covered assigned parking spot. Enjoy nearby shopping, restaurants, entertainment, and quick access to major roads for an easy commute. A wonderful opportunity with tons of potential — don’t miss your chance to make 8888 Tallwood Drive yours!Updated and move in ready. Includes W/D/R. Complex has a pool, clubhouse and Gym.

At $251/sqft, this home is 36% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8888 Tallwood Dr #3105, Austin, TX 78759

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Property Details

Price $150,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 598 sqft

Lot Size 0.03 acres (1,280.66 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision 8888 Tallwood Condo Amd

County Travis

Zip Code 78759

$/sqft $251/sqft

Days on Market ,

HOA $299/Monthly

Annual Tax Est. $3,667.26

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT231859631

List Date May 29, 2026

Elementary School Hill

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 29, 2026 $169,000

Current ask $150,000

▼ Reduced $19,000 (-11.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

8210 Bent Tree Rd #138
Arbors $150,000 $235 1 bd / 1 ba 638 sqft , 2026-07-23

2600 Penny Ln #303
Victoria Square Condo $159,000 $252 1 bd / 1 ba 632 sqft , 2026-08-16

8888 Tallwood Dr #1107
8888 Tallwood Condo Amd $169,000 $283 1 bd / 1 ba 598 sqft , 2026-04-29

8210 Bent Tree Rd #235
Arbors $169,500 $265 1 bd / 1 ba 640 sqft , 2026-06-02

8210 Bent Tree Rd #231
ARBORS THE $182,000 $288 1 bd / 1 ba 633 sqft , 2026-09-08

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$720/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$30,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$720

Principal + Interest−$819

Property Tax (~2.1% TX avg)−$263

Insurance (~0.5%)−$63

Est. Monthly Cash Flow $-425

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 3, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

8888 Tallwood Dr #3105